November 23, 2020

The Evolving Role of the Compensation Committee: It’s More than Pay

By Robin Ferracone and Dayna Harris

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June 11, 2020

Companies Cut Executive Pay in Changing COVID-19 Landscape

Throughout May, Farient has continued to keep a close eye on compensation trends, particularly as to what actions, if any, S&P 500 companies are taking in regard to their compensation plans as a result of COVID-19. In this brief, we update the overall trends and dive deeper into two examples of companies that have made decisions that are outside of the mainstream, MGM Resorts and Automatic Data Processing, Inc.

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May 4, 2020

The Optics of Executive Pay in the Time of COVID -19

In mid-March, Farient began tracking companies making adjustments to their pay programs in response to the economic fallout of the virus.

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May 4, 2020

How Resilient Is Your Sector’s TSR? Covid-19 and Its Impact on TSR

The spread of coronavirus in 2020 has resulted in the largest global catastrophe since the end of the Second World War. It also may be responsible for the largest economic collapse since the Great Depression. As the virus began to spread through Asia and parts of Europe in the first half of February, and the first death from coronavirus was discovered in the U.S., urgency in the U.S. remained low among government leaders at the federal level, despite the virus being labeled a “Public Health Emergency of International Concern” by the World Health Organization on January 30. As China and other parts of Asia implemented societal lockdowns, global supply chains were put on hold. When impending economic shutdowns became apparent and investor confidence evaporated, the global stock markets became increasingly more volatile and began to crash. The S&P 500 and the Dow Jones Industrial Average fell 12% and 13%, respectively, between February 18 and February 28.

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May 21, 2019

Danger, Danger, No Cyber Ranger: Why Boards Need More Cyber Experts

The notification of a data/privacy breach from your company is never well received by stakeholders. After all, no one wants their social security number, healthcare and other private information available for public consumption. Yet, almost daily there is a headline story of personal data inadvertently exposed by employees or hacked by crooks, foreign governments, 15-year-old kids, etc. We’ve learned over the years that cyber intrusions can come from anywhere. Ask Sony Corporation, which experienced a devastating hack in 2014.

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